Buying & Investment

Why work with us?

By purchasing a presale, you are entering into a contract to purchase a condo or a townhome based on a plan by a builder/developer. There’s a chance it may never be built if the developer fails to sell enough presale contracts to prove viability of the project.

With extensive market knowledge, we have the experience to navigate these complexities, ensuring the buyer makes an informed decision. We can also provide insight into buyer incentives and skillfully negotiate with developers.

• Expert guidance and knowledge
• Negotiation experts
• Tailored support for first-time buyers
• Optimized investment decisions

Deposit

Typically ranges from 5-20% of purchase price, paid in installments. This secures your purchase and is held in a trust account until completion.

Assignments

Assignments in BC's presale market allow the original buyer (assignor) to transfer their purchase agreement to a new buyer (assignee) before property completion, offering flexibility and potential investment opportunities.

While assignments can provide access to desirable sold-out properties and possibly lower prices, they require developer approval and may incur fees.

At Nest, we help you navigate the entire process including tax implications, financing, and legal considerations to ensure a smooth and stress-free transaction.

Leverage & ROI

Deposits can sometimes be as low as 5% to 10%. Should the property increase in value before completion, you could see a significant return for very little money actually invested.

We know how to maximize potential ROI when it comes to presales based on the current market. 

Possession and Completion

Completion date is when the balance of funds plus related expenses such as conveyancing fees to a notary/lawyer have to be paid to be made by the Buyer to the Developer. A mortgage is registered on title if the purchase is not an all cash purchase. Once the Developer receives payment then title and ownership is transferred to the Buyer.

The possession date is when the Buyer takes possession of the purchased property and receives keys from the Developer.